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BODA

Bodal Chemicals NSEI:BODALCHEM Stock Report

Last Price

₹82.25

Market Cap

₹10.1b

7D

-3.3%

1Y

-18.5%

Updated

25 Jun, 2022

Data

Company Financials
BODALCHEM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends3/6

BODALCHEM Stock Overview

Bodal Chemicals Limited manufactures and sells dyestuffs, dyes intermediates, and other chemicals in India.

Bodal Chemicals Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bodal Chemicals
Historical stock prices
Current Share Price₹82.25
52 Week High₹149.95
52 Week Low₹76.00
Beta1.02
1 Month Change-11.75%
3 Month Change-22.73%
1 Year Change-18.48%
3 Year Change-17.42%
5 Year Change-48.01%
Change since IPO198.55%

Recent News & Updates

Shareholder Returns

BODALCHEMIN ChemicalsIN Market
7D-3.3%2.7%2.3%
1Y-18.5%-1.5%-0.9%

Return vs Industry: BODALCHEM underperformed the Indian Chemicals industry which returned -1.5% over the past year.

Return vs Market: BODALCHEM underperformed the Indian Market which returned -0.9% over the past year.

Price Volatility

Is BODALCHEM's price volatile compared to industry and market?
BODALCHEM volatility
BODALCHEM Average Weekly Movement6.2%
Chemicals Industry Average Movement6.8%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: BODALCHEM is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BODALCHEM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19861,751Sureshbhai Patelhttps://www.bodal.com

Bodal Chemicals Limited manufactures and sells dyestuffs, dyes intermediates, and other chemicals in India. The company’s dye intermediates primarily include vinyl sulphone ester, ortho anisidine vinyl sulphone, meta ureido aniline, H. acid, Bronner's vinyl sulphone, vinyl sulphone paracresidine base, 6-nitro 1-diazo-2naphthol 4-sulphonic acid, sulpho para vinyl sulphone, sulpho tobias acid, vinyl sulphone ester of 2:5 di methoxy aniline, sulpho ortho anisidine vinyl sulphone, F.C. acid, 1:2:4 diazo, K–acid, benzedine di sulphonic acid, benzanilide vinyl sulphone, and gamma acid. It also provides reactive, acid, and direct dyes for textile, leather, and paper industries; and sulphuric acid, chloro sulphonic acid, liquid SO3, oleums, beta napthol, linear alkyl benzene sulphonic acid, and acetanilide that are used as raw materials for the production of dye intermediates.

Bodal Chemicals Fundamentals Summary

How do Bodal Chemicals's earnings and revenue compare to its market cap?
BODALCHEM fundamental statistics
Market Cap₹10.07b
Earnings (TTM)₹1.08b
Revenue (TTM)₹20.51b

9.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BODALCHEM income statement (TTM)
Revenue₹20.51b
Cost of Revenue₹11.53b
Gross Profit₹8.98b
Other Expenses₹7.90b
Earnings₹1.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.79
Gross Margin43.77%
Net Profit Margin5.25%
Debt/Equity Ratio64.2%

How did BODALCHEM perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BODALCHEM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BODALCHEM?

Other financial metrics that can be useful for relative valuation.

BODALCHEM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA7.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BODALCHEM's PE Ratio compare to its peers?

BODALCHEM PE Ratio vs Peers
The above table shows the PE ratio for BODALCHEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.5x

Price-To-Earnings vs Peers: BODALCHEM is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (14.5x).


Price to Earnings Ratio vs Industry

How does BODALCHEM's PE Ratio compare vs other companies in the Indian Chemicals Industry?

Price-To-Earnings vs Industry: BODALCHEM is good value based on its Price-To-Earnings Ratio (9.4x) compared to the Indian Chemicals industry average (16.9x)


Price to Earnings Ratio vs Fair Ratio

What is BODALCHEM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BODALCHEM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BODALCHEM's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BODALCHEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BODALCHEM (₹82.25) is trading above our estimate of fair value (₹11.91)

Significantly Below Fair Value: BODALCHEM is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BODALCHEM's PEG Ratio to determine if it is good value.


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Future Growth

How is Bodal Chemicals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.6%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bodal Chemicals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Bodal Chemicals performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-16.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BODALCHEM has high quality earnings.

Growing Profit Margin: BODALCHEM's current net profit margins (5.3%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: BODALCHEM's earnings have declined by 16% per year over the past 5 years.

Accelerating Growth: BODALCHEM's earnings growth over the past year (156.5%) exceeds its 5-year average (-16% per year).

Earnings vs Industry: BODALCHEM earnings growth over the past year (156.5%) exceeded the Chemicals industry 29.6%.


Return on Equity

High ROE: BODALCHEM's Return on Equity (9.4%) is considered low.


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Financial Health

How is Bodal Chemicals's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BODALCHEM's short term assets (₹11.3B) exceed its short term liabilities (₹8.0B).

Long Term Liabilities: BODALCHEM's short term assets (₹11.3B) exceed its long term liabilities (₹2.7B).


Debt to Equity History and Analysis

Debt Level: BODALCHEM's net debt to equity ratio (62.8%) is considered high.

Reducing Debt: BODALCHEM's debt to equity ratio has increased from 41.3% to 64.2% over the past 5 years.

Debt Coverage: BODALCHEM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: BODALCHEM's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


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Dividend

What is Bodal Chemicals's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.97%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BODALCHEM's dividend (0.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: BODALCHEM's dividend (0.97%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).


Stability and Growth of Payments

Stable Dividend: BODALCHEM's dividend payments have been volatile in the past 10 years.

Growing Dividend: BODALCHEM's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.1%), BODALCHEM's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: BODALCHEM is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average management tenure


CEO

Sureshbhai Patel (65 yo)

no data

Tenure

₹37,239,600

Compensation

Mr. Sureshbhai Jayantibhai Patel is Founder of Bodal Chemicals Pvt. Ltd. Mr. Patel has been Chairman and Managing Director of Bodal Chemicals Ltd.(formerly Bodal Chemicals Limited) since May 13, 2006 and...


CEO Compensation Analysis

Compensation vs Market: Sureshbhai's total compensation ($USD475.78K) is above average for companies of similar size in the Indian market ($USD38.38K).

Compensation vs Earnings: Sureshbhai's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BODALCHEM's management team is seasoned and experienced (9.5 years average tenure).


Board Members

Experienced Board: BODALCHEM's board of directors are considered experienced (9.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bodal Chemicals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bodal Chemicals Limited
  • Ticker: BODALCHEM
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹10.068b
  • Shares outstanding: 122.48m
  • Website: https://www.bodal.com

Number of Employees


Location

  • Bodal Chemicals Limited
  • Plot No. 123-124
  • Phase - I
  • Ahmedabad
  • Gujarat
  • 382445
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.